Instructables, Assistly, Airbnb: The 1-Minute Version of Last Week’s Bay Area BizTech News

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There’s no such thing as the summer doldrums when it comes to Bay Area technology news—not this summer, anyway. Your recap of last week’s top stories starts here:

—The National Science Foundation unveiled a new “Innovation Corps” program designed to help university researchers get their innovations from the lab bench to the commercial world. 100 I-Corps teams per year will receive $50,000 grants and will go through an intensive entrepreneurship workshop based on startup guru Steve Blank’s Lean LaunchPad course at Stanford University.

—Innovalight, a Sunnyvale, CA, company whose “silicon ink” technology improves the efficiency of photovoltaic panels at turning sunlight into electricity, was snapped up by DuPont for an undisclosed sum.

—My San Diego colleague Bruce Bigelow sent several stories my way last week. First, San Diego wireless giant Qualcomm acquired a set of gesture recognition technologies from Sunnyvale, CA-based GestureTek. The implication: devices including next-generation version of Qualcomm’s Snapdragon processor could have gesture-recognition capabilities similar to those provided by Microsoft’s Kinect device.

—Finally, Bruce recounted his conversation with Sumeet Jain, a partner at San Francisco-based CMEA Capital, about the entrepreneurial scene in San Diego. Jain opined that there are lots of investable companies in San Diego, but the dearth of local venture firms and angel investors “curating” the local startup scene makes it harder for outside firms to screen potential San Diego deals.